SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Check Point Software (CHKP)
CHKP 176.49+1.4%Feb 4 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jkb who wrote (4149)6/8/1999 12:02:00 PM
From: Mark Oliver  Read Replies (1) of 7150
 
Yeah, some days it seems like the stocks are so predictable. Still, I sold my position in a company I've been following for years because it was always like clockwork, reaching the mid twenties and then retreating. Well, I sold my position at $21 only to see it break out and go to 56 very quickly.

Timing wise, I wonder if I'll get another breakout with Checkpoint. Most often we see the price retreat on news. Now, it seems like we're building up to news around the earning date which might just get us to new highs.

A little retreat today won't be out of character with the run-up we've just had, but I won't be surprised to see us in the day even with renewed strength following over the next several days. It's all guesswork.

Regards, Mark
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext